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International Internet Magazine. Baltic States news & analytics Thursday, 28.03.2024, 13:22

Lithuanian Railways signs long-term contract with Belarus' BNK

BC, Vilnius, 24.11.2017.Print version
Lietuvos Gelezinkeliai (Lithuanian Railways) has signed a three-year oil and oil product transportation contract with Belarus' oil company BNK, informs LETA/BNS.

"The partners' confidence in our company and our efforts to increase the efficiency of freight transportation are delivering results," Lietuvos Gelezinkeliai CEO Mantas Bartuska said in a press release.

 

The state railway company expects the contract to ensure a long-term partnership with Belarus' largest oil product exporter and give it a further competitive advantage in the market.

 

The railway operator would not reveal the amount of products to be transported, saying that it is a commercial secret.

 

The company posted 359.2 million euros in revenue for January through October 2017, a rise of 7.5% from a year ago. Freight traffic increased by 8.3% year-on-year to 43 million tons.






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